Native American Bank provides a full range of personal loans available to anyone in markets which NAB has a physical banking presence. NAB’s focus is on lending to individual Native Americans and Alaskan Natives.

As a result of our commitment and everyday involvement in Indian Country, the bank is conversant with the unique issues of Tribal Law, Trust Lands, Tribal Sovereignty and the many steps involved in completing loan transactions. Where appropriate, the bank utilizes government guaranteed lending programs that offer added flexibility and more favorable terms than can be obtained without such support. These programs are offered by Federal Agencies such as the U.S. Housing & Urban Development (HUD). 

In addition to the capacity of the bank’s own balance sheet, the bank works with other lenders who are active in the market for Native American loans to form syndications/participations of the size needed by our borrowers.

• Term Loans:

These loans provide financing for your personal financing needs for things such as: vehicles, furniture, equipment, home improvement, vacations, etc… These loans are generally designed to have regular payments of both interest and principle, so the loan is paid to zero by the maturity date.  The items being financed, generally serve as the collateral. Unsecured loans are also available.

• Mortgage Loans:

These loans provide financing for the purchase of a new or used home. These loans are generally designed to have regular payments of both interest and principle, so the loan is paid to zero by the maturity date.  The home being financed, generally serves as the collateral.

• Available Loan Programs to Assist Customer Access to Financing

HUD Section 184 Loan Guaranty Program:

This program provides financing for new and previously owned homes to members of federally recognized Indian tribes. The loan requires only a minimal down-payment of between 1.25% and 2.25% of the loan amount, and is available on trust land, allotted land, as well as fee simple land. Eligible applicants must be located in an Indian Operating Area, which includes most reservations and entire states in many cases. The loan may be used for purchase or refinance, and also can include funds for home improvements lumped in to the mortgage. Manufactured housing is eligible as long as it is on a permanent foundation, or the loan may be used in part to add the permanent foundation.     
Read more:  http://www.hud.gov/offices/pih/ih/homeownership/184/